NBA Championship Odds

NBA championship odds are futures prices on which team will win the NBA Finals. Each of the 30 teams is listed with a plus-money price, such as +400, that reflects its chances and the payout on a $100 bet. Fanatics Sportsbook posts NBA championship odds before the season and keeps them open through the Finals. The rest of the season-long board is on the NBA futures page.

Entering the 2026-27 season, the Oklahoma City Thunder and San Antonio Spurs are co-favorites to win the NBA championship, with the New York Knicks, Philadelphia 76ers and Boston Celtics next on the board. Prices shift through the season with injuries, trades and the standings. Fanatics Sportsbook reprices the market daily; track any contender on its team page, such as the Oklahoma City Thunder odds page.

NBA championship odds move with results, injuries and roster changes. A winning streak or a major trade can cut a team's price in half, while a star's injury can double it. Prices also shift at the February trade deadline and as seeding firms up in spring. Fanatics Sportsbook locks your odds when you bet, and the conference championship odds market can offer a cheaper route to the same team.

Yes. Fanatics Sportsbook keeps championship odds open throughout the playoffs, repricing teams after each game and removing eliminated teams. Odds on the remaining contenders shorten with each round. Many bettors take a position before the postseason for the longer price, then add or hedge once the bracket is set.

Sixteen teams reach the NBA playoffs. The top six seeds in each conference qualify directly, while seeds seven through ten play the Play-In Tournament for the final two spots per conference. All four rounds, including the NBA Finals, are best-of-seven series. The regular season ends in mid-April, and the Finals run into June. Fanatics Sportsbook prices every round; Division odds track the first step toward a high seed.

Championship odds pay only if a team wins the NBA Finals, while conference odds pay if it wins the Eastern or Western Conference, whether or not it wins the title. Conference odds are shorter because the team needs three series wins instead of four. Fanatics Sportsbook offers both markets, and a team's NBA championship price is always longer than its conference price. Read more about how futures odds work.

In the Fanatics Sportsbook app, open NBA, select Futures and choose NBA Championship. Tap the price beside the team you want, enter a stake on your bet slip, and confirm. Futures bets settle when the Finals end and earn FanCash immediately, win or lose. The NBA betting guide covers the rest of the markets available on the app.

No. An NBA championship futures bet wins only if the team wins the Finals; a team that loses the Finals is a losing ticket. If you want to be paid for a Finals appearance, bet the team's conference championship odds instead. Fanatics Sportsbook settles championship futures once the Finals series ends. You can learn more about reading odds and payouts in the online betting guide.